Jan 15, 2013 7:00am PST
, tori. >>> costly confession. how lance armstrong's new admission to cost him a lot of money. >>> a new controversy for the nra. how this app has the organization on the offensive. oh! progress-oh! -oh! -oh! oh! oh! ♪ what do you know? oh! ♪ bacon? -oh! -oh! oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your story for a chance to win a progress-oh! makeover in hollywood. go to facebook.com/progresso to enter. >>> retail spending rose.5% between new york and december, a critical period for stores. a 1.6% jump in auto and auto parts sales. the dow is currently down 35. the nasdaq down 19. s&p down 4. >>> ben bernanke thinks congress should raise the debt ceiling. that was the message, the federal reserve chairman delivered -- delivered at the university of michigan. he said congress needs to act quickly. they want to avoid a credit rating change and that could affect the economy. >>> the cold weather definitely having an impact on the central valley which grows about 8% of the coun
Jan 16, 2013 7:00am PST
sides of the aisle. >>> the investigation into lance armstrong includes his relationship with someone in the bay area. ♪ using cloud computing and mobile technology, verizon innovators have developed a projective display for firefighters. allowing them to see through anything. because the world's biggest challenges deserve even bigger solutions. powerful answers. verizon. >>> taking a live look at the big board, goldman sachs -- just checking now, it is up 2.5%. the profits nearly tripled. >>> the dow is down 34. nasdaq up 4. s&p down 1. >>> morgan stanley is delaying paying some of the highest earners 2012 bonuses. it's believed employees making more than $350,000 and who earn bonuses of more than $50,000 will be affected. experts say deferring the bonuses could discourage workers from making deals that create short-term profits that cause problems in the long run. >>> a new study shows younger americans carry smaller credit card balance than older consumers. the aarp says low and middle- income americans over the age of 50 had an average balance of 8300 and were able to pay down 1
Jan 17, 2013 7:00am PST
is stripping lance armstrong of his olympic medal. armstrong won a bronze medal during the 2000 summer games in australia. the bike-racing star spent more than ten years strongly denying he ever used performance- enhancing drugs. but armstrong finally comes clean in a tv interview with opa winfrey airing tonight. >>> secretary of state, hillary clinton is set to testify before a senate panel next wednesday. we had already heard she will testify before the foreign affairs committee that same day. secretary clinton will be asked about the deadly september attack on the us consulate in benghazi. the head of the fbi is in tripoli, libya this morning. director robert mueller is getting an update into the investigation of last year's killing of chris stevens from the bay area and three other americans in the city of benghazi. there's been little news of progress in that investigation so far. >>> berkeley police searching for a bank robber. he robbed mechanic's bank on solano avenue shortly after it opened for business. police say he got away with an undisclosed amount of cash. no within was hurt.
Jan 16, 2013 6:00am PST
:41 is the time. new developments surrounding lance armstrong. the reason the government is now examing armstrong's friendship with a well known san francisco investment banker. >>> we're live at san jose international airport. where an airways dream liner is grounded. we'll tell you what happened and why this service is so important to the city. >>> if you are driving on 24 westbound between walnut creek and oakland it's beginning to get pretty busy. jwwñ [ male announcer ] are you a business traveler who can withstand the perils of air travel? can you survive change fees? blackout dates? boarding in mobs? do you actually, in a weird way, kind of enjoy rude service? then you might have what it takes to keep flying your airline. ♪ if you don't, then stop playing the airline game by their rules. come on over to southwest, the one airline that changed the game for the whole industry. ♪ >>> well shark tank. there you go. upper 20s. temperatures will warm up today. temperatures a few upper 50s now. >>> welcome back. good morning, to you. here's a quick look at some of the top stories we're follo